Air France may launch budget airline

Press reports suggest Air France is considering starting its own low-cost airline to be based in Paris.The proposed carrier, tentatively dubbed Air France Soleil, would grow as an expansion from KLM-owned Transavia. Transavia offers scheduled and charter service mainly out of the Netherlands.
Soleil would face stiff competition out of the gate from established low-cost rivals easyJet, Ryanair and Air Berlin. These three airlines have already knocked several upstarts out of the segment.